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Crude Oil Extraction
EG
updated 6 months ago

Egyptian Drilling Company

Company website

Egyptian Drilling Company (EDC), headquartered in Egypt, is a leading player in the oil and gas drilling industry, renowned for its extensive operational reach across the Middle East and North Africa. Established in 1976, EDC has achieved significant milestones, positioning itself as a trusted partner in drilling services. Specialising in onshore and offshore drilling, EDC offers a range of core services, including drilling management, well services, and rig leasing. What sets EDC apart is its commitment to safety, innovation, and sustainability, ensuring efficient operations while minimising environmental impact. With a strong market presence, EDC has garnered numerous accolades for its operational excellence and has established itself as a preferred contractor for major oil and gas companies in the region.

DitchCarbon Score

How does Egyptian Drilling Company's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

0

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

7

Industry Benchmark

Egyptian Drilling Company's score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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Egyptian Drilling Company's reported carbon emissions

As of the latest available data, the Egyptian Drilling Company does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is classified as a current subsidiary and does not inherit emissions data from a parent organization. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science-Based Targets Initiative (SBTi) commitments or other climate pledges. This absence of specific targets suggests that the Egyptian Drilling Company may still be in the early stages of developing a comprehensive climate strategy. Given the industry's increasing focus on sustainability and carbon reduction, it is essential for the Egyptian Drilling Company to establish clear emissions reporting and reduction goals to align with global climate standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Egyptian Drilling Company's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Egyptian Drilling Company is in EG, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Egyptian Drilling Company is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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